Tag Archives: CNBC

Salesforce to acquire startup Own for $1.9 billion in cash

Salesforce’s deal machine is clearly working again, following announcements about small acquisitions such as PredictSpring and Tenyx.

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Broadcom says it will sell $12 billion in AI parts and custom chips this year

Broadcom CEO Hock Tan said in a statement that the company expects to record $12 billion in sales from AI parts and custom chips in fiscal 2024.

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Thoma Bravo founder vows to ‘never touch’ crypto again after disastrous bet on FTX

Orlando Bravo, the founder of buyout firm Thoma Bravo, said he’s learned plenty from his failed investment on crypto exchange FTX.

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Google searches are becoming a bigger target of cybercriminals with the rise of ‘malvertising’

Google searches are now being routinely used to surface online ads with malicious purposes, in a hacking approach known as ‘malvertising.’

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Honor steps up challenge to Samsung with launch of thin foldable phone

Honor is ramping up its challenge to Samsung in the fast-growing foldable smartphone market.

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Abbott launches its first over-the-counter continuous glucose monitor in the U.S.

Abbott Laboratories announced Lingo, its first over-the-counter continuous glucose monitor, is available in the U.S.

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If GPS goes dark, Mesa Quantum has a backup plan

J2 Ventures and SOSV invested in Mesa Quantum, a startup working on GPS alternatives.

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Tesla says it will launch Full Self Driving product in Europe and China early next year

Tesla says it will launch its “Full Self Driving” driver assistance product in Europe and China early next year.

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AI gadgets have been a bust so far. Apple aims to change that

For Apple Intelligence to succeed, the iPhone maker has to convince its customers to pay up for AI-ready devices.

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Visa debuts a new product designed to protect consumers making bank transfers

Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process.

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